sport and the law conference 2014 – keynote presentation
DESCRIPTION
Paul Fletcher MBE's keynote presentation from the Sport and the Law Conference 2014.TRANSCRIPT
Paul Fletcher MBECEO University of Football Business
Why are you here today?
Raise Your Game
“You can get anything that you want in life – by helping other people get what they want.”
Every morning in Africa a Gazelle
wakes up. It knows it must run faster that day than the
fastest Lion or it will be killed.
The same morning a Lion
wakes up. It knows that it
must outrun the slowest Gazelle or it will starve
to death.
It doesn’t matter whether you are a Lion or a Gazelle… when the sun comes up
The point of the story is this
you better be running!
The changing face of the football industry.
2009• £15million + additional games + positional
bonus + £15million parachute payment if relegated - c £60 million
2010• £16million + additional games + positional
bonus + £14million + £8million + £8million parachute payment if relegated - c £80 million
2014£120 million?
Bradford City – Valley Parade 1985
Hillsborough 1989
The changing face of the football industry.
New Stadiums
RIBA Building of the Year 1995McAlpine Stadium
BCI Building of the Year 1998The Reebok
Venue of the Year 2007
The New Stadium syndrome
League Positions End of 2007/2008 Season
Premiership Championship 1 Manchester Utd WBA
2 Chelsea Stoke (1998)3 Arsenal Hull 4 Liverpool Bristol City5 Everton Crystal Palace6 Aston Villa Watford7 Blackburn Wolves8 Portsmouth Ipswich9 Manchester City Sheffield United10 West Ham UnitedPlymouth11 Spurs Charlton12 Newcastle Cardiff13 Middlesbrough Burnley14 Wigan QPR15 Sunderland Preston16 Bolton Sheffield Wednesday17 Fulham Norwich18 Reading® Barnsley19 Birmingham Blackpool20 Derby® Southampton21 Coventry22 Leicester® 23 Scunthorpe®24 Colchester® (2008/9)
It generates more moneyCreates more excitement
Involves more people, in more countriesCuts across age; religion; gender; colour; creed;
social standing……… And it keeps more people fit
Than any other ball
Its a Football
Moneyba££
This is the most important ball in the World
• Turnover c £2billion
The Premiership
• Broadcast to over 220 countries• Watched by 600 + million people• 20 Teams – 500 players• Only 37% are British• Average wage: £30,000 pw/£1.5m pa
• Biggest sports business on the planet
• Financial fair play - 1st year of UEFA’s FFP regime - wait and see if any club falls-foul of the rules.
Legal Issue
• Fit & Proper person test –
• Safe Standing – standing is prohibited in England (not Scotland). Most grounds majority of spectators stand.
• Alcohol – prohibited in Scottish grounds; allowed in England except ‘in view of the pitch’.
Mahatma Ghandi and Nelson Mandela – FailIdi Amin and Robert Mugabe - Pass
Based on current test:
Rail Seating
£300,000 per week
XPro• 60% of Premiership Players (300) will go
bankrupt within 5 years of retirement.
PFA• Ridiculous! Only 10% / 20% - (100)
• 8 Premiership bankrupts still playing
• Paul Merson went broke having gambled an estimated £7m.
• 15 year football career
0 - 15 16 - 30 46 - 60 61 - 7531-45 75 – 90 ?
• 7 year average football career 2014
• One twelfth of life: One eighth of working life
<------Working Life---->
78% of NFL Players Go Bankrupt Within 5 Years of retirement.
1. Overspending (bling).
2. Career Duration (4.8 years)
3. Lack of finance knowledge
4. Family advisors
5. Too many children with too many partners
Between 1999 & 2002, 78 players lost a total of $42 million
Annual Salary for a Professional Premiership Player
17 21 23 25 27 29 31 33 35 37 39 41 43 45 47 51 53 55 57 59 61 63 65 67 69
$0.00
$200,000.00
$400,000.00
$600,000.00
$800,000.00
$1,000,000.00
$1,200,000.00
$1,400,000.00
$1,600,000.00
$1,800,000.00
Annual Salary for a Businessman
17 21 23 25 27 29 31 33 35 37 39 41 43 45 47 51 53 55 57 59 61 63 65 67 69
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
Professional Player
Businessman
17 21 23 25 27 29 31 33 35 37 39 41 43 45 47 51 53 55 57 59 61 63 65 67 69
Annual Salary Comparison
A Puzzling Question?
What is a major factor that will ensure your future
success?
SkillSkill AttitudeAttitude
The Pyramid of SuccessK n o w l e d g eK n o w l e d g e
15%15%
85%85%
Attitude‘How do you respond when people ask ‘How are you?’
1.Not bad 4.Fair to middling
5. Bloody Awful
6. Mr Doom&Gloom
2.Surviving3.Fairly Avrge
New Attitude
‘Magnificent’
Good Luck!